NOT LISTED FOR SALE

882 S 16th St Unit 884 Newark, NJ 07108

Clinton Hill Neighborhood

Estimated Value: $600,000 - $726,000

-- Bed
-- Bath
3,086 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 882 S 16th St Unit 884, Newark, NJ 07108 and is currently estimated at $660,355, approximately $213 per square foot. 882 S 16th St Unit 884 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Nmc Property Group Llc
Bought by
Kortoci Sabah and Kortoci Eriola
Current Estimated Value
$660,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Outstanding Balance
$441,021
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$196,101

Purchase Details

Closed on
Sep 22, 2021
Sold by
Cloud Properteis I Llc
Bought by
Nmc Property Group Llc

Purchase Details

Closed on
Jul 30, 2019
Sold by
Newark Property Owner 2
Bought by
Cloud Properties 1 Llc

Purchase Details

Closed on
Sep 26, 2018
Sold by
Newark Developers Llc
Bought by
Newark Property Owner 2

Purchase Details

Closed on
Jul 14, 2015
Sold by
882 South 14Th Assoc
Bought by
Newark Developers Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850
Interest Rate
3.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
8.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 31, 2005
Sold by
Williams Rahim
Bought by
Knoll Property Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
5.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2001
Sold by
Robinson David
Bought by
Williams Rahim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2000
Sold by
Estate Of Early Montgomery
Bought by
Robinson David

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kortoci Sabah $595,000 Legend Title
Nmc Property Group Llc -- Os National
Cloud Properties 1 Llc -- --
Newark Property Owner 2 $110,000 --
Newark Developers Ll $135,000 --
-- -- --
Knoll Property Grp Llc $220,000 --
Williams Rahim $135,000 --
Robinson David $20,000 --
Robinson David $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kortoci Sabah $446,250
Previous Owner Newark Developers Llc $5,850
Previous Owner Newark Developers Llc $106,000
Previous Owner Newark Developers Llc $31,800
Previous Owner Newark Developers Llc $58,300
Previous Owner Newark Developers Llc $10,600
Previous Owner -- $292,000
Previous Owner Knoll Property Grp Llc $222,000
Previous Owner Williams Rahim $132,900
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,326 $169,700 $12,300 $157,400
2022 $6,340 $169,700 $12,300 $157,400
2021 $6,337 $169,700 $12,300 $157,400
2020 $6,449 $169,700 $12,300 $157,400
2019 $6,382 $169,700 $12,300 $157,400
2018 $6,267 $169,700 $12,300 $157,400
2017 $6,041 $169,700 $12,300 $157,400
2016 $5,838 $169,700 $12,300 $157,400
2015 $5,615 $169,700 $12,300 $157,400
2014 $5,262 $169,700 $12,300 $157,400
Source: Public Records

Map

New Jersey Essex County Newark 07108 Clinton Hill

882 S 16th St Unit 884, Newark, NJ

Homes for Sale in Newark, NJ

This home is located at 882 S 16th St Unit 884, Newark, NJ 07108 and is currently estimated at $660,355, approximately $213 per square foot. 882 S 16th St Unit 884 is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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